Tractor Junction gets RBI nod for Dhanrise Finance rural-vehicle lending arm
Dhanrise Finance will start used-tractor and rural-vehicle loans in Rajasthan and Madhya Pradesh in October 2026, before expanding to four more states. The NBFC targets Rs 100 crore in disbursals over its first 24 months.
Tractor Junction received RBI approval for NBFC arm Dhanrise Finance, which will begin used-tractor and rural-vehicle lending in Rajasthan and Madhya Pradesh in October 2026 before expanding to four more states.
Why this matters
The approval follows Tractor Junction’s FY26 revenue growth of 62% to ₹198 crore and its FY27 ₹400 crore target, extending the company from marketplace activity into rural-vehicle finance.
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